DXC Technology Company (DXC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
20408 BASHAN DRIVE ASHBURN, VA 20147 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,224 | 1,691 | 1,858 | 2,672 | 2,968 | 3,679 | |||
| Cash and cash equivalents | 1,224 | 1,691 | 1,858 | 2,672 | 2,968 | 3,679 | |||
| Receivables | 3,253 | 3,132 | 3,441 | 3,854 | 4,156 | 4,392 | |||
| Prepaid expense | 512 | 555 | 565 | 617 | 567 | 646 | |||
| Disposal group, including discontinued operation | 5 | 35 | 160 | ||||||
| Other current assets | 146 | 153 | 255 | 268 | 357 | 270 | |||
| Total current assets: | 5,135 | 5,531 | 6,124 | 7,446 | 8,208 | 8,987 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 264 | 292 | 424 | 602 | 834 | 1,220 | |||
| Operating lease, right-of-use asset | 731 | 784 | 909 | 1,133 | 1,366 | 1,428 | |||
| Nontrade receivables | 258 | 192 | 130 | 136 | 180 | ||||
| Intangible assets, net (including goodwill) | 2,662 | 2,855 | 3,108 | 3,995 | 4,684 | 7,748 | |||
| Goodwill | 532 | 541 | 539 | 617 | 641 | 2,017 | |||
| Intangible assets, net (excluding goodwill) | 2,130 | 2,314 | 2,569 | 3,378 | 4,043 | 5,731 | |||
| Disposal group, including discontinued operation, noncurrent assets | 11 | 2 | 18 | 82 | 353 | ||||
| Deferred income tax assets | 804 | 622 | 460 | 221 | 289 | 265 | |||
| Other noncurrent assets | 2,857 | 3,318 | 3,247 | 4,850 | 4,192 | 4,031 | |||
| Other undisclosed noncurrent assets | 1,149 | 1,488 | 1,363 | 1,680 | 1,976 | 2,147 | |||
| Total noncurrent assets: | 8,736 | 9,361 | 9,721 | 12,693 | 13,830 | 17,019 | |||
| TOTAL ASSETS: | 13,871 | 14,892 | 15,845 | 20,139 | 22,038 | 26,006 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,283 | 2,466 | 2,618 | 4,455 | 5,338 | 5,104 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 163 | 368 | 75 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 570 | 698 | 630 | ||
| Accounts payable | 846 | 870 | 782 | 840 | 914 | 1,598 | |||
| Accrued liabilities | 1,437 | 1,596 | 1,836 | 2,882 | 3,358 | 2,801 | |||
| Deferred revenue | 866 | 846 | 1,054 | 1,053 | 1,079 | 1,021 | |||
| Debt | 271 | 661 | 500 | 900 | 1,167 | 1,276 | |||
| Restructuring reserve | 40 | 53 | 105 | 113 | 225 | 145 | |||
| Liability for uncertainty in income taxes | 1 | 34 | 30 | 12 | |||||
| Disposal group, including discontinued operation | 9 | 23 | 118 | ||||||
| Other undisclosed current liabilities | 934 | 935 | 900 | 275 | 193 | 337 | |||
| Total current liabilities: | 4,394 | 4,961 | 5,187 | 6,853 | 8,150 | 7,895 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 4,060 | 3,880 | 4,187 | 4,065 | 4,345 | 8,672 | |||
| Long-term debt, excluding current maturities | 3,818 | 3,880 | 3,900 | 4,065 | 4,345 | 8,672 | |||
| Finance lease, liability | 242 | 260 | 287 | 354 | 496 | 602 | |||
| Other undisclosed long-term debt and lease obligation | (260) | (1,169) | (1,534) | (1,665) | |||||
| Liabilities, other than long-term debt | 2,037 | 2,134 | 2,351 | 3,070 | 3,242 | 3,282 | |||
| Accounts payable and accrued liabilities | 39 | 130 | 168 | ||||||
| Deferred revenue | 671 | 698 | 788 | 862 | 622 | 735 | |||
| Deferred income tax liabilities | 576 | 360 | 718 | ||||||
| Liability for uncertainty in income taxes | 379 | 364 | 271 | ||||||
| Liability, pension and other postretirement and postemployment benefits | 423 | 463 | 590 | 793 | 761 | ||||
| Restructuring reserve | 13 | 39 | 45 | 35 | |||||
| Disposal group, including discontinued operation, liabilities | 3 | 39 | 20 | ||||||
| Other liabilities | 446 | 881 | 449 | 546 | 908 | 594 | |||
| Operating lease, liability | 497 | 542 | 648 | 815 | 1,038 | 1,063 | |||
| Other undisclosed noncurrent liabilities | 314 | 551 | 300 | 776 | 993 | 1,028 | |||
| Total noncurrent liabilities: | 6,411 | 6,565 | 6,838 | 7,911 | 8,580 | 12,982 | |||
| Total liabilities: | 10,805 | 11,526 | 12,025 | 14,764 | 16,730 | 20,877 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,811 | 3,107 | 3,497 | 5,052 | 4,973 | 4,785 | |||
| Common stock | 2 | 2 | 2 | 3 | 3 | 3 | |||
| Treasury stock, value | (219) | (218) | (187) | (173) | (158) | (152) | |||
| Additional paid in capital | 7,599 | 7,827 | 9,121 | 10,057 | 10,761 | 10,714 | |||
| Accumulated other comprehensive loss | (732) | (742) | (774) | (385) | (302) | (603) | |||
| Accumulated deficit | (3,839) | (3,762) | (4,665) | (4,450) | (5,331) | (5,177) | |||
| Equity, attributable to noncontrolling interest | 255 | 259 | 323 | 323 | 335 | 344 | |||
| Total equity: | 3,066 | 3,366 | 3,820 | 5,375 | 5,308 | 5,129 | |||
| TOTAL LIABILITIES AND EQUITY: | 13,871 | 14,892 | 15,845 | 20,139 | 22,038 | 26,006 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 13,667 | 12,454 | 14,430 | 16,265 | 17,729 | 19,577 | ||
| Cost of revenue | (10,771) | (10,070) | (12,096) | (12,688) | (15,874) | (14,904) | ||
| Cost of goods and services sold | (10,576) | (7,988) | (11,246) | (12,683) | (14,086) | (14,901) | ||
| Gross profit: | 2,896 | 2,384 | 2,334 | 3,577 | 1,855 | 4,673 | ||
| Operating expenses | (2,787) | (3,299) | (3,219) | (2,713) | (1,201) | (10,748) | ||
| Other operating income (expense), net | (218) | (1,186) | (1,084) | 1,081 | (102) | 720 | ||
| Other undisclosed operating income (loss) | 1,125 | 2,958 | 3,126 | (570) | 550 | 7,416 | ||
| Operating income: | 1,016 | 857 | 1,157 | 1,375 | 1,102 | 2,061 | ||
| Nonoperating income (expense) | 152 | (1,165) | (1,165) | 1,053 | (124) | |||
| Losses on sales of other real estate | ||||||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 145 | (1,180) | 1,066 | (110) | ||||
| Interest and debt expense | (298) | 50 | (200) | (515) | (402) | (383) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (6,906) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 870 | (258) | (208) | 1,913 | 576 | (5,228) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (761) | (551) | (677) | (772) | 78 | |||
| Income (loss) from continuing operations before income taxes: | 109 | (809) | (885) | 1,141 | 654 | (5,228) | ||
| Income tax expense (benefit) | (23) | 327 | 319 | (405) | (800) | (130) | ||
| Income (loss) from continuing operations: | 86 | (482) | (566) | 736 | (146) | (5,358) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 736 | (146) | (5,358) | |
| Net income (loss): | 86 | (482) | (566) | 736 | (146) | (5,358) | ||
| Net income (loss) attributable to noncontrolling interest | 5 | 17 | (2) | (18) | (3) | (11) | ||
| Net income (loss) available to common stockholders, diluted: | 91 | (465) | (568) | 718 | (149) | (5,369) | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 86 | (482) | (566) | 736 | (146) | (5,358) | ||
| Other comprehensive income (loss) | 35 | (295) | (391) | (72) | 304 | (348) | ||
| Comprehensive income (loss): | 121 | (777) | (957) | 664 | 158 | (5,706) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 12 | 36 | (2) | (29) | (6) | (22) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2 | 2 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 133 | (739) | (957) | 635 | 152 | (5,728) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.